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Monmouth Real Estate Investment Corporation (MNR-PC)

NYSE - NYSE Delayed price. Currency in USD
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25.30-0.01 (-0.04%)
At close: 3:54PM EDT
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Trade prices are not sourced from all markets
Previous close25.31
Open25.30
Bid25.29 x 1100
Ask25.31 x 1200
Day's range25.30 - 25.35
52-week range24.73 - 25.64
Volume59,794
Avg. volume52,315
Market cap1.359B
Beta (5Y monthly)0.78
PE ratio (TTM)33.64
EPS (TTM)0.75
Earnings dateN/A
Forward dividend & yield1.53 (6.08%)
Ex-dividend date14 May 2021
1y target estN/A
  • Monmouth’s Board Backs Zell Deal, Spurning Starwood Bid
    Bloomberg

    Monmouth’s Board Backs Zell Deal, Spurning Starwood Bid

    (Bloomberg) -- The board of Monmouth Real Estate Investment Corp. reaffirmed its support for a takeover bid by Sam Zell’s Equity Commonwealth, spurning an unsolicited all-cash offer from Starwood Capital Group.Monmouth’s board evaluated Starwood’s offer and determined that the pending transaction with Equity Commonwealth “represents the best opportunity to maximize value for Monmouth stockholders,” according to a statement Thursday.Starwood called the decision “highly disappointing” and said it

  • Motley Fool

    Real Estate Titans Sam Zell, Barry Sternlicht Battling for This Industrial REIT

    The saga for control of industrial REIT (real estate investment trust) Monmouth Real Estate Investment (NYSE: MNR) has taken an interesting turn. The company had agreed to a merger with Equity Commonwealth (NYSE: EQR), an office REIT controlled by Sam Zell, in a $3.4 billion all-stock deal. The all-cash proposal could derail Zell's plans to get into the fast-growing industrial real estate sector.

  • Monmouth Real Estate Gets Revised Offer From Competing Bidder
    Bloomberg

    Monmouth Real Estate Gets Revised Offer From Competing Bidder

    (Bloomberg) -- Monmouth Real Estate Investment Corp. received an increased unsolicited takeover offer of $18.88 per share cash, compared with $18.70 previously, from an unidentified private investment firm.The increase results from the investment firm’s decision that the purchase price would no longer be reduced by an $0.18 per share dividend Monmouth announced earlier this month, the company said in a statement.The cash consideration still reflects a stated purchase price of $19.51 per share re